$LINK has skyrocketed recently. Different interpretation angles on this matter reflect different views on the nature of the market.

Some people say that a certain exchange in South Korea has finished attracting stocks and started to pull orders. This is the only reason for the price increase. People who hold this view tend to regard the market as a zero-sum trading game and are the trading faction in the currency circle.

There are also some people who believe that Chainlink is one of the few DeFi projects currently with intrinsic value, real users, a wide moat and a clear development rhythm, and its recently launched CCIP is very powerful, so the price growth is ultimately due to changes in its intrinsic value. People who hold this view believe that there is real value creation and value growth in the crypto world, and they belong to the value investing faction in the currency circle.

I don’t know which faction you are in?